Home Loan in Indore

Indore is the largest city of Madhya Pradesh and also known as the commercial hub of the state. It is considered as the education hub of Madhya Pradesh. Getting a home in Indore is easy with banks and HFCs. Banks and HFCs offering home loan in Indore at lower interest rates with affordable EMIs. An individual can choose the best home loan from various banks and HFCs, according to his/her requirement. At loansninsurances.com we have arranged the list of top banks according to their interest rates, charges and home loan products. An Individual can easily calculate his home loan EMI with our home loan EMI calculator and can easily check his home loan eligibility at Loansninsurances.com.

Home Loan in IndoreEligibility Criteria

Bank Name

Age

Income

Maximum Loan

Guarantor Required

BT option

Work experience

SBI Bank

18-70 years

Min.10,000 p.m

Up to 90% cost of property

Yes

Yes

Not required

HDFC Ltd

21-60 years

Min. 15,000 p.m

Up to 80% cost of property

No

Yes

Not required

ICICI Bank

18-60 years

Min. 15,000 p.m

80% cost of property

No

Yes

Not required

Axis Bank

21 years

Min. 10,000 p.m

Up to 80%

No

Yes

Not required

CITIbank

Minimum age should be 23 years

NA

Up to 10 crore

Yes

Yes

Upto 2 years

DHFL Bank

Minimum age should be 21 years

Min. 15,000 p.m.

Up to 5 crore

No

Yes

2 years

LIC HFC

18-60 years

1,80,000 p.a

80% of cost of property

Yes

Yes

2 year

Bank of Baroda

21-60 years

Upto 20,000 p.m

Up to 80% of cost of property

No

Yes

Not required

Home Loan in IndoreDocuments Required

For salaried person

For self-employed

Application form with photograph

Application form with photograph

KYC documents

KYC documents

Form 16(ITR)

Form 16(ITR)

Last 3 months salary slip

Residence Proof

Last 6 months bank statements

Last 6 months bank statements

Residence Proof

Proof of business existence

Last 2 years profit/loss statements

Last 3 years income tax returns

How to apply for Home loan in Indore?

An individual can easily apply for Home loan in Indore through Loansninsurances.com. Please log on to the registration page of the website and enter the required details and submit the requisite documents online. Both existing and new customer can apply for the home loan. You can compare Home loan interest rates of different banks on Loansninsurances.com.